NOT LISTED FOR SALE

545 Magellan Dr Sarasota, FL 34243

Estimated Value: $701,000 - $856,076

3 Beds
3.5 Baths
2,900 Sq Ft
$275/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $665,000 $229 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,726/month

27 Days on Market

Highlights

  • Screened Pool
  • Open Floorplan
  • Outdoor Kitchen
  • 0.6 Acre Lot
  • Vaulted Ceiling
  • 5-minute walk to Pride Park

About This Home

As of May 2021

Get your offers ready for this home that has it all! Huge double lot that can be split in two! Close to SRQ airport, marinas and everything Sarasota and Bradenton have to offer. Across the street from the beautiful Sarabay Country Club golf course. Custom built home. Gorgeous landscaping throughout. Beautiful large porcelain tile, upgraded handicap accessible main bath, two a/c units, and real wood cabinets. Large screened enclosure around the solar heated pool, with outdoor bathroom. The backyard is a tropical paradise including an outdoor patio with covered kitchen, and mature landscaping that provide a lot of shade. Large detached garage with oversized opening. Detached garage was designed to store a 22 foot boat on a trailer, plenty of room for all your toys! Detached garage has a second floor that can be used as an office, additional storage or possibly additional living space. Energy efficient home! Spray foam added to the roof in 2020. Core filled block construction. Attic space you can walk in for tons of storage space.

Last Agent to Sell the Property

Juan Nieto

TREND REALTY License #3451676 Listed on: 02/26/2021

Last Buyer's Agent

Ryan Kipnis

KELLER WILLIAMS ON THE WATER License #3495533

KELLER WILLIAMS ON THE WATER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,977

Year Built

  • Built in 1994

Lot Details

  • 0.6 Acre Lot
  • East Facing Home
  • Dog Run
  • Fenced
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF3/WR

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,900 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Porcelain Tile
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Hurricane or Storm Shutters
  • In Wall Pest System

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Entrance

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Fence Around Pool
  • Outside Bathroom Access
  • Pool Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Outdoor Kitchen

Community Details

  • Whitfield Country Club Estates Community
  • Whitfield Country Club Add Rep Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 77
  • Assessor Parcel Number 6592000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,977

Year Built

Built in 1994

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Disaster Mitigation: Hurricane Shutters/Windows
  • Construction Materials: Block
  • Living Area: 2900.00
  • Homestead: Yes
  • Lot Size Acres: 0.60
  • Year Built: 1994
  • Accessibility Features: Accessible Entrance, Accessible Full Bath
  • Building Area Total: 3700.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492683?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4492683?w=Customer
  • Lot Size Sq Ft: 26223
  • Building Search Sq Meters: 343.74
  • Directions to Property: From I-75 drive west on University Parkway. Turn right on 301. Turn left onto Whitfield Ave. Turn right on Pennsylvania Ave. Turn left onto Magellan Dr. Proceed until you find 545 Magellan Dr.
  • Escrow State: FL
  • List Office Head Office Key Nume: 214179440
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Attic
  • Flooring: Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, High Ceiling(s), In Wall Pest System, Open Floorplan, Skylight(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 269.42
  • Street Number Modifier: 545

Exterior Features

  • Direction Faces: East
  • Other Structures: Outdoor Kitchen
  • Pool Features: Heated, In Ground, Lighting, Outside Bath Access, Screen Enclosure, Solar Heat
  • Exterior Features: Dog Run, Fenced, Hurricane Shutters, Irrigation System
  • Roof: Tile
  • Flood Zone Code: X
  • Pool Private: Yes
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sprinkler Well, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer

Condo/Co-op/Association

  • S W Subdiv Community Name: Whitfield Country Club Estates
  • Monthly HOA Fees: 2.50
  • Association Fee: 30.00
  • Association Fee Frequency: Annually
  • Association Fee Requirement: Optional
  • Association: Yes
  • Security: Closed Circuit Camera(s)
  • Association Website: https://whitfieldballentine.com/

Fee Information

  • Total Annual Fees: 30.00
  • Total Monthly Fees: 2.50

Lot Info

  • Total Acreage: 1/2 to less than 1
  • Zoning: RSF3/WR
  • Parcel Number: 6592000050
  • Lot Size Square Meters: 2436

Green Features

  • Efficiency: Insulation

Rental Info

  • Minimum Lease: No Minimum
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3976.64
  • Tax Block: 77
  • Tax Book Number: 7-82
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 14, 2021
Sold by
Holmiund Rosalia
Bought by
Vingelli Elvira Tara
Seller's Agent
Juan Nieto
TREND REALTY
Buyer's Agent
Ryan Kipnis
KELLER WILLIAMS ON THE WATER
List Price
$699,000
Sold Price
$665,000
Premium/Discount to List
-$34,000
-4.86%
Current Estimated Value
$798,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,769
Avg. Annual Appreciation
4.34%
Original Mortgage
$66,432
Interest Rate
2.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 1995
Sold by
Holmlund Kenneth J and Holmlund Rosalia
Bought by
Holmlund Kenneth J

Purchase Details

Closed on
May 6, 1994
Sold by
Holmlund Kenneth J and Holmlund Rosalia
Bought by
Holmlund Kenneth J and Holmlund Rosalia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vingelli Elvira Tara $665,000 First International Ttl Inc
Holmlund Kenneth J -- --
Holmlund Kenneth J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackmore Elvira Tara $89,800
Closed Vingelli Elvira Tara $66,432
Open Vingelli Elvira Tara $532,000
Closed Vingeili Elvira Tara $66,432
Previous Owner Kenneth J Holmlund Revocable Living Trus $55,000
Previous Owner Holmlund Kenneth J $312,000
Previous Owner Holmlund Kenneth J $60,800
Previous Owner Holmlund Kenneth J $218,000
Previous Owner Holmlund Kenneth J $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $665,000 -4.9% $229 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $699,000 0.0% $241 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/08/2021 03/08/21 Price Changed $699,000 -3.6% $241 / Sq Ft
02/26/2021 02/26/21 For Sale $725,000 -- $250 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,542 $597,589 $104,125 $493,464
2024 $16,542 $636,651 -- --
2023 $9,077 $618,108 $0 $0
2022 $7,096 $600,105 $80,000 $520,105
2021 $6,812 $430,760 $60,000 $370,760
2020 $3,977 $268,859 $0 $0
2019 $3,904 $262,814 $0 $0
2018 $3,856 $257,914 $0 $0
2017 $3,590 $252,609 $0 $0
2016 $3,572 $247,413 $0 $0
2015 $3,595 $245,693 $0 $0
2014 $3,595 $243,743 $0 $0
2013 $3,543 $240,141 $34,000 $206,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4492683

Stellar MLS

APN: 65920-0005-0